Samantha Magistro
Bronx Pro Group
Developer, Owner
1605 Dr. Martin Luther King Jr. Blvd. Bronx, New York 10453
Magistro Family III LLC
Bronx Pro Group portfolio
(NYC’s “Market Value,” 50% or less of actual value)
$106.7 million – elevator 45.0%, walkup 41.0%; Bronx 71.0%, Manhattan 28.0%
521th largest portfolio by dollar value
1,682,341 sqft – elevator 57.0%, walkup 31.0%;
184th largest by SF
56 properties – Bronx 69%, Manhattan 30%
101th largest
1,533 residential units – Bronx 82.0%, Manhattan 17.0%
143th largest by residential units
0 foreclosures, 0 bankruptcies, 1 other court case.
Notes
The Magistro Family III LLC is often the managing member of the beneficial owner in partnerships with nonprofits. Example is with Services for the UnderServed at 2028500009.
Person Activity past 24 months:
Buyer signatory: 2 for $17.4 million
Seller signatory: 2 for $17.4 million
Borrower signatory: 4 for $57.1 million
Lender signatory: 0 for $0
Developer (new building or major alteration): 0 for 0 square feet
Top Ten Associated Companies:
Bronx Pro Group (2), DreamYard Project (2), NYC Department of Housing Preservation and Development (2), JPMorgan Chase (1), Community Preservation Corporation (1), Corporation for Supportive Housing (1)
Top Ten Associated People:
Samantha Magistro (2), Jason Duchin (2), Kerry LaBotz (2)
Recent activity as signatory:
• Bronx Pro Group borrowed $10 million from NYC Department of Housing Preservation and Development for 235 West 115th Street, 2084 Fred Douglass Blvd, 216 West 111th Street, 267 West 113thstreet, 212 West 111th Street, and others, Harlem, Manhattan on January 03, 2025.
• Bronx Pro Group borrowed $7.4 million from NYC Department of Housing Preservation and Development for 2425 Adam C Powell Blvd, 67-69 West 137th Street, 241 West 135th Street, 2246 Adam C Powell Blvd, and 231 West 134th Street, Harlem, Manhattan on January 03, 2025.
• Bronx Pro Group sold 2425 Adam C Powell Blvd, 67 West 137th Street, 241 West 135th Street, 2246 Adam C Powell Blvd, and 231 West 134th Street, Harlem, Manhattan for $7.4 million to Bronx Pro Groupand DreamYard Project on January 03, 2025.
• Bronx Pro Group sold 235 West 115th Street, 2084 Fredrick Douglass Bl, 216 West 111th Street, 267 West 113thstreet, 212 West 111th Street, and others, Harlem, Manhattan for $10 million to Bronx Pro Groupand DreamYard Project on January 03, 2025.
• Bronx Pro Groupand Services for the UnderServed borrowed $13.3 million from Corporation for Supportive Housing for 1770 Jerome Avenue, Mt Hope, Bronx on October 23, 2024.
• Bronx Pro Group borrowed $26.5 million from JPMorgan Chase for 2384-2386 Morris Avenue and 1966 University Avenue, Fordham Heights, Bronx on December 29, 2023.
• Bronx Pro Group borrowed $30.8 million from Community Preservation Corporation for 774 Union Avenue, 995 Union Avenue, 993 Union Avenue, and 1042 Longfellow Avenue, Morrisania, Bronx on January 05, 2021.